Trafigura

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Trafigura is a global commodities trading group.[1]

History

Foundation

According to the Guardian, Trafigura split in 1993 from a group of companies controlled by Marc Rich. Founders included Graham Sharp, Claude Dauphin, and Eric de Turckheim.[2]

The Marc Rich Group has stated:

Trafigura does not belong to Marc Rich and never did. The original founders and some of the current owners of Trafigura once worked for the Marc Rich Group. However, Trafigura was formed without help or finance from the Marc Rich Group, and there is no business relationship between the two companies.[3]

Cote d'Ivoire dumping controversy

In May 2009, the Guardian reported that a ship chartered by Trafigura, the Probo Koala, had dumped 2 tonnes of toxic hydrogen sulphide in Cote D'Ivoire.[4]

Iran allegations

A confidential report cited by the Guardian in May 2013, suggested that Trafigura may have breached sanctions by supplying material to a company linked to Iran's nuclear programme.[5]

Corporate Structure

Subsidiaries

Connections

Notes

  1. About Us, Trafigura, accessed 4 April 2013.
  2. 2.0 2.1 David Leigh, Inside Trafigura: Accusations, sour deals and friends in high places, The Guardian, 16 September 2009.
  3. FAQ, The Marc Rich Group, accesssed 4 September 2013.
  4. David Leigh and Afua Hirsch, Papers prove Trafigura ship dumped toxic waste in Ivory Coast, The Guardian, 14 May 2009.
  5. Rupert Neate, Glencore and Trafigura 'may have supplied Iran's nuclear programme', The Guardian, 23 May 2013.
  6. 6.0 6.1 Our Structure, Trafigura, accessed 4 September 2013.